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Airgas Signs Agreement with Hudson Technologies for Sale of Airgas-Refrigerants, Inc. Subsidiary

RADNOR, Pa.--(BUSINESS WIRE)--Airgas, an Air Liquide company and a leading U.S. supplier of industrial gases, welding technologies, and safety products, today announced that it has signed an agreement with Hudson Technologies, Inc. (NASDAQ: HDSN) to sell Airgas-Refrigerants, Inc., its subsidiary specializing in the distribution, packaging and reclamation of refrigerant gases.

Hudson Technologies, Inc., headquartered in Pearl River, NY, is a leading provider of innovative and sustainable solutions for optimizing performance and enhancing reliability of commercial and industrial chiller plants and refrigeration systems.

The transaction is subject to customary closing conditions. Both parties currently expect the transaction to be completed in 2017.

About Airgas

Airgas, an Air Liquide company, is the leading U.S. supplier of industrial, medical and specialty gases, as well as hardgoods and related...